Land Banking Bill

Ang Santos / WBGO

New Jersey Governor Phil Murphy has signed a bill that could help revitalize blighted areas in towns and cities.  

The New Jersey Land Bank Law allows municipalities to use public or nonprofit entities as an agent to acquire abandoned properties and revitalize them to benefit neighborhoods. Governor Murphy says it gives cities like Newark, Paterson, and Elizabeth another tool to reshape communities.

Newark Mayor Ras Baraka testified in Trenton to support the Municipal Land Banking Bill.

The land banking bill would create an online database of properties owned by municipalities making them available for purchase.